Labor Ministry: Annual spending on targeted social assistance grew by 97%


February 18, Fineko/abc.az. In 2018-2020, the annual funds allocated for pensions increased by 36%, or by AZN 1.19 bn up to AZN 4.48 bn.

ABC.AZ was informed at the Ministry of Labor & Social Protection that the annual finances allocated for benefits increased by 120% up to AZN 613 million, and the annual finances allocated for scholarships by 3.5 times up to AZN 326 million.

In general, annual expenditures on allowances, scholarships, and targeted social assistance from the budget increased by 97%, from AZN 588 million up to AZN 1.156 bn.